Vacancy Rates and Marketing

In this episode, John and Kyle dive into the intricate world of vacancy rates and

marketing in property management. The discussion is part of their ongoing series

aimed at addressing key concerns when selecting a property manager.

Kyle and John emphasize the financial implications of vacancy rates, especially noting

that vacancies can cost homeowners more than any other factor. Leveraging data from

the National Multifamily Housing Council (NMHC) and RealPage, they illustrate how

professionally managed properties benefit from significantly lower vacancy rates—4 to

5% compared to 7 to 8% for self-managed properties. They discuss various strategies

professional property managers use to minimize vacancy rates, including advanced

marketing systems and technology. John and Kyle highlight the role of efficient

processes, online tools, and tenant screening in lowering vacancy rates, thereby

boosting rental income.

Quotes:

"There is nothing more that costs a homeowner money than vacancy days.” ~John

"A good property manager should be making you more money, paying for themselves,

and letting you not have to deal with the property." ~John

"Professional property managers use targeted advertising to achieve a 10-15%

increase in rental inquiries compared to traditional methods." ~Kyle Teixeira

Listen to We Are TPM on any major podcast platform including Apple Podcasts,

Google Play, Spotify, and many more.

Tune in today!

We Are TPM

Teixeira Property Management

Mansfield, Texas

www.WeAreTPM.com

[email protected]

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There are a vast amount of ways in today's world to build wealth using real estate and

investing, not just in property, but in yourself!

Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of

Teixeira Property Management bring you all of the knowledge and experience they can

provide for the confidence to achieve your investment goals, or how and why to create

them. Now, while John and Kyle have a ton to share, they will also be bringing you

interviews with some of their clients, industry partners, experienced investors, and

much more every week!

John and Kyle look forward to sharing the knowledge you need about arguably the

greatest investment vehicle that is available to the masses — Real Estate. Knowledge

is power, and John and Kyle intend to give you as much power as possible. It's not

always about the HOW, but also the WHY, and they will be digging into it right here

every week!